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News
Humana leaves annual adjusted profit outlook unchanged, shares drop
8+ hour, 4+ min ago (388+ words) By Sriparna Roy and Sneha S K July 29 (Reuters) – Humana stuck to its annual adjusted profit forecast on Wednesday for a second consecutive quarter, disappointing Wall Street and pushing the health insurer’s shares down 5% in morning trading. Investor expectations for…...
Trump administration to end Medicare premium subsidy program
19+ hour, 34+ min ago (314+ words) July 28 (Reuters) – The Trump administration will end a subsidy program, meant to keep premiums stable for Medicare prescription drug plans, after 2026, the Centers for Medicare & Medicaid Services said on Tuesday. The agency said its review of 2027 bids showed insurers have…...
Clover Health says employee accounts accessed in cyber incident
1+ week, 4+ day ago (210+ words) July 17 (Reuters) – Clover Health Investments said in a regulatory filing on Friday that it detected unusual login activity on some of its information systems on July 4 and later found a hacker had gained access to three employee accounts through social…...
Simpler prior authorizations, digital tools boost trust in insurers, Aetna president says
2+ week, 6+ hour ago (286+ words) NEW YORK, July 15 (Reuters) – Less burdensome prior authorization procedures in which clinicians must have procedures and medicines preapproved by health plans and digital solutions for managing care have boosted trust in insurers, Aetna President Steve Nelson said on Wednesday. Overall…...
HCA cuts annual profit forecast on increased uncompensated care
2+ week, 1+ day ago (183+ words) July 14 (Reuters) – HCA Healthcare lowered its annual profit forecast on Tuesday, weighed by an increase in the number of uninsured patients, primarily of those who lost coverage under the so-called “Obamacare” plans. Shares of HCA fell nearly 10% in premarket trading....
Humana divests minority stake in hospice provider Gentiva
1+ mon, 2+ week ago (174+ words) June 10 (Reuters) – Humana said on Wednesday it has agreed to sell all or substantially all of its minority stake in Gentiva, a provider of hospice and palliative care services, in a deal valuing the stake at about $900 million. • The stake…...
US agency announces interim guidance on Medicaid work requirements
1+ mon, 3+ week ago (424+ words) NEW YORK, June 1 (Reuters) – The U.S. agency that runs the Medicare and Medicaid programs on Monday announced interim guidance on how states should implement new work requirements for Americans enrolled in Medicaid health plans. The rule announced last year as…...
US HHS finalizes rule to streamline dispute resolution under No Surprises Act
2+ mon, 1+ day ago (303+ words) May 28 (Reuters) – The U.S. Department of Health and Human Services (HHS) on Thursday finalized a rule to streamline how out-of-network payment disputes between providers and health insurers are resolved, aiming to cut administrative costs. Here are a few details: • The…...
Americans are dropping out of Obamacare, especially in Kentucky
2+ mon, 1+ day ago (791+ words) By Amina Niasse and Ahmed Aboulenein NEW YORK, May 28 (Reuters) – More Americans are dropping out or being kicked off Obamacare health insurance for non-payment than in past years, according to data through April from half a dozen states that sell…...
Prison health company YesCare lost 80% of revenue after malpractice verdict | WKZO | Everything Kalamazoo | 590 AM · 106.9 FM
2+ mon, 2+ week ago (204+ words) By Dietrich Knauth May 11 (Reuters) - YesCare, which provides medical care to prisoners in nine U.S. states, has seen its revenue fall by 80% since being hit with a $307.5 million jury verdict over allegations of substandard medical care earlier this y......